Telia Lietuva results for 6 months of 2025

Core Viewpoint - Telia Lietuva has demonstrated strong financial performance in the first half of 2025, with significant growth in revenue, adjusted EBITDA, and net profit, while continuing to innovate and expand its service offerings [2][7]. Financial Performance - Revenue from services increased by 4.2% year-over-year in the first half of 2025 [2]. - Adjusted EBITDA grew by 9.4% to EUR 97 million compared to EUR 88.7 million in the same period of 2024 [7]. - Net profit surged by 22.9% to EUR 44.7 million, up from EUR 36.4 million in the previous year [7]. - Free cash flow rose by 10.7% to EUR 57 million, compared to EUR 51.4 million in the first half of 2024 [7]. Service Categories - Revenue growth was observed across all service categories except for fixed voice telephony, which is declining due to a reduction in fixed telephony lines [3]. - Mobile service revenue increased due to higher usage of mobile data and revenue per user, despite a decrease in pre-paid mobile service customers by 61 thousand [4]. Strategic Initiatives - The company launched a next-generation IoT connectivity management platform in April 2025, enhancing customer control over IoT management [5]. - Telia Play's revenue increased due to the addition of Netflix and other high-quality content, despite a slight decline in the number of subscribers [6]. - A new range of smart healthcare gadgets was introduced, aiming to transform customer health insights [9]. Technological Advancements - Telia Lietuva is the first in Lithuania to test a 5G standalone network in Klaipėda Seaport, aiming to set a new standard for critical infrastructure [10]. Social Responsibility and Recognition - The company reaffirmed its support for Ukraine by donating refurbished computers and network equipment [11]. - Telia Lietuva was recognized as the Top Employer in the IT and telecommunications sector in Lithuania for the second consecutive year [12].